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Index Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

S&P 500 Industrials (Sector) (CME:SP500-20)

Weak Downtrend (-65) - SP500-20 is showing signs of a strengthening downtrend. Monitor SP500-20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-20
Open High Low SP500-20 Price Change
691.85 691.85 679.33 683.15 -20.97
Entry Signal

MarketClub’s Trade Triangles for SP500-20

long term up The long-term trend has been UP since Aug 30th, 2019 at 665.77

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 682.93

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 710.37

Smart Scan Analysis for SP500-20

Based on our trend formula, SP500-20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
691.85 691.85 679.33 683.15 -20.97
Prev. Close Volume Bid Ask Time
697.97 270103003 2020-02-24 16:19:57
52wk High680.8952wk High Date2018-01-29
52wk Low563.0652wk Low Date2018-10-29
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